+ Reply to Thread
Results 1 to 4 of 4
  1. #1
    Join Date
    Aug 2011
    Posts
    51
    Thanks
    4
    Thanked
    6
    Reviews
    1

    Default Income Protection/Insurance for stay at home mothers?

    I'm a stay at home mum with a 3.5 and 2 year old and was wondering if anyone has looked into insurance to cover events such as disability, cancer, death etc? I haven't an income as such so really can't get income protection but has anyone applied for insurances to cover things like childcare, household cleaning... the things that need to be done when you are sick so that your husband doesn't have to stop work to look after the kids/household? Any advice would be appreciated. Thanks

  2. #2
    Join Date
    Sep 2012
    Posts
    217
    Thanks
    19
    Thanked
    82
    Reviews
    0
    Trauma insurance is an option for you pays a lump sum in the event of a critical illness.

  3. #3
    Join Date
    Mar 2012
    Posts
    585
    Thanks
    271
    Thanked
    393
    Reviews
    2
    Achievements:Topaz Star - 500 posts
    Subbing. I need to look at this. Would like enough to pay off the home loan incase I pass away.

  4. #4
    Join Date
    Feb 2013
    Posts
    4,308
    Thanks
    3,424
    Thanked
    1,831
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    I have insurance as a SAHM because if I go out of order we'd need to hire someone to get everything done or DH would have to take extended leave. It's not cheap. I can't remember which one's which - it's either $500 or $1000 as they are the two premiums we pay and I have a heap of loading on mine as I only took it out after my miscarriages and finding out about a couple of things. If you have ever mentioned PND or anxiety to your doctor there will be loading for that too...just to make things worse and it is a real pain to get it reassessed further down the track as I am trying to do at the moment.
    I can't remember the name for it though- it's not my life insurance - that's with someone else.


 

Similar Threads

  1. Income protection insurance
    By SheWarrior in forum Family Finances
    Replies: 6
    Last Post: 23-08-2014, 07:59
  2. Redundancy income protection insurance
    By Bellaleggos in forum Family Finances
    Replies: 4
    Last Post: 26-06-2014, 14:04
  3. Pregnancy and income protection insurance
    By Katsun in forum Pregnancy & Birth General Chat
    Replies: 1
    Last Post: 01-05-2014, 16:21

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
sales & new stuffsee all
Hire For Baby Perth
New RETAIL store - Perth Hire For Baby Perth
Here at Hire for Baby, we offer a wide range of products from Child Restraints to Strollers, Stroller Accessories and Oricom Baby Monitors. Wholesale prices - till the stock ends. Buy from us and get the installation for FREE.
Like us on Facebook and get $10 OFF
featured supporter
GymbaROO
GymbaROO offers activities for babies & toddlers in a fun learning centre, focussing on developmental education. Classes are available Australia-wide. Enrol today & help your child to reach their full potential. Visit the website to find out more.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!